BofA picks 9 chip stocks to cash in on the electric car revolution

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New for subscribers: BofA picks 9 chip stocks to cash in on the electric car revolution. Check out CNBCPro today.

An Uber car equipped with cameras and sensors drives the streets of Washington, DC, on January 24, 2020.

The investment bank's analysts led by Vivek Arya picked three top stocks set to benefit from this trend. They also listed several other firms with "best-in-class profitability," "high growth prospects" and "superior long-term growth profile."

 

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Pro EVs are cheap to recharge ($5-9), 4 times as efficient (achieve 100+ MPGe) & need min maintenance. You'll save $10-15k on fuel & repairs over 5 yrs. They're fun to drive with instant high torque. Also great in the winter, heat comes on instantly, no waiting for engine to warm up.

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